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Financing in 77521 : Real Estate Advice

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Wed Apr 3, 2013
Don Groff answered:
A conventional loan is one that is not secured by any government agency such as FHA or VA. Conventional loans do not have pre-payment penalties in just about all cases but you will want to make sure of that with your lender. Conventional loans also do not have pre-payment penalties in most cases either but again make sure by reading over your loan paperwork carefully so you fully understand the aspects of the loan.

Hope this helps.

_____________________________________________________
Don Groff | REALTOR® & Mortgage Broker
Austin Real Estate Pros & 360 Lending Group
o 512.669.5599 | m 512.633.4157 | listings@dongroff.com
websites: www.AustinListed.com | www.360LendingGroup.com
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